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20121210
20121210
Search Results 0 to 12 of about 13 (some duplicates have been removed)
the bank of china to finance whatever part of the grant that was given to a123 batteries, we still have to pay that back. the taxpayers are still on the hook for baying back the deaf -- paying back the deficit-spending portion of that money even though it's now long, long gone. megyn: so we borrowed from china so that we could offer stimulus. we gave part of the stimulus to a123. a123 spent $100 million plus of the money, failed to succeed, and now that, those assets are going to china too. >> well, when you say it that way, megyn, you make it sound like it's not very much fun, i mean, my gosh. [laughter] megyn: china makes out well in this deal. i don't know about the american taxpayer though. >> they're doing pretty well in all of this. and the problem for the president today is his whole idea is i'm going to go to detroit and talk about how my economic strategy is working and that what we need to do is increase taxes on the top earners so that we can take that money and stimulate the economy. and as he says, invest in the middle class. and as he says, keep the tax rates down for thos
with china deteriorated. his government nationalized the senkaku islands in the east china sea. japan controls the territory. china and taiwan claim it. chinese ships enter japanese waters near the islands and chinese alleged anti-japan demonstrations. noda's key domestic policy issue was fiscal reform. he staked his career on hiking the consumption tax and reforming social security to chip away at japan's rising debt. the opposition liberal democrats and their allies helped him pass a package of bills after he promised to call a general election soon. but then noda added conditions. he wanted to enact legislation allowing the government to issue bonds defined as the current fiscal year's budget and he wanted to reform the electoral system. >> translator: if you agree to this condition i'm ready to dissolve the lower house on november 16th. please give your word to the people. >> reporter: that's what opposition leaders did. setting the stage for the election. >> prime minister noda is facing the biggest fight of his political life. nhk's latest opinion poll suggests kobe in trouble.
for the group. he was promoted second-in-command earlier this year. >>> back to the economy now, china apparently going on an american spending spree. a chinese company agreed to buy a big chunk of insurance giant aig for more than $4 billion after the company got a huge bailout during the u.s. financial crisis. that is not the only bargain that china is picking up from u.s. taxpayers lately. stuart varney on this morning, head of "varney & company" on fox business network. good morning, stuart. good to see you. >> good morning, martha. martha: they're gobbling up our assets in many ways . what do you make of it. >> they are spending the money they have got buying american assets cheap. you mentioned aig. a chinese company is paying $4 billion for aig's plane leasing business. aig remember got $189 billion as a bailout fund that was back in september of 2008. the taxpayers still are the largest shareholder in aig. we sold the plane leasing business to china cheap. second item, a 123 batteries, americans taxpayers gave that company $249 million in grants and another 250 million in tax s
business brief. a new report says china will have the world's largest economy by 2030. the national intelligence council global trends report takes into account fax tores like globalization and environment. europe, japan and russia are expected to continue declining economically. >>> standard charter reached at 327 dal million settlement with u.s. regulators for hiding the identity of iranian customers involved in dollar clearing transactions. the nearly three-year-investigation discovered criminal activity dating back to 2001. >>> boeing finalized a order for turkish airlines for 15, 777 extended range planes. the largest deal by value in turkish airline history. melissa: so is global warming to blame for hurricane sandy, right? former vice president al gore thinks so and blames president obama for not doing enough to fix it. >> it is causing these extreme weather events. dirty energy causes dirty weather. and we have to come to our senses and do something about it. i deeply respect our president. i'm grateful for the steps that he has taken but we can not have four more years of m
for its missile program in china. we know they buy things for their gas centrifuge program in china. some things are made in germany. probably made in the u.s. china has been a major gap in this whole system. on sanctions and north korea could face tougher action from china might constrict some of its ability to buy things that it absolutely needs for its nuclear programs. jon: you think it is likely american-made technology is helping north korea with its missile program? >> could be. i don't know the missile program nearly as well as the nuclear but what north korea does, it uses china a sense as a transshipment point because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been m
to year. it is hard to estimate countries like china because they are now pricing things the same way. they have large land forces and they are not deployed across the world. submarines and missiles. china is probably number one on the list. host: this from twitter. guest: that refers to overseas contingency operations. this is a fund that paid for the wars in iraq. it is about $88 billion in that account. there is a pentagon and washington funny math. some people say if the project out, we will save all this money. i wrote a report about saving $1 trillion. most of our troops will be out of afghanistan by 2014. nobody expects it will spend this level of money going out the long term in the future. so the $1 trillion in savings is money we would not have spent anyway. there are some built-in drawdowns in the defense department. in.se were built an about $487 billion over 10 years. they are coming back down. about 100,000 or so and they are built into the system. the pentagon is looking at things that way. host: roger in texas, republican caller. go ahead. caller: i am amazed i got thr
you. dagen: a new report by the u.s. intelligence reveals china will have the world's largest economy by 2030. the councils global trend report takes into account factors such as localization and the environment. europe, japan and russia are also expected to continue to decline. connell: a matter of time, as they say. this fox business exclusive, we will talk about the war on business. it was a record year for anti-trust funds. dagen: the sanctions against iran. if this policy will change anything over there. the state of the economy and why it matters to you and this, the cost of crude oil. take a look at it. more than $86 a barrel. stubbornly high. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life side down. >> hi. >> hi. you know, i can save you % today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they caopen bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most...
. >> an analyst in south korea believes the international pressure could be a factor in the delay because china may have sent a strong message for the north to cancel the launch plan and the technical glitches in the third stage of the rocket could have only been a cover. that is speculation we cannot confirm. >>shepard: is anyone talking about openings to slow them down? >>guest: whatever lessons are applied to the missile launch could be learned from sanctioned applied to iran with a growing consensus the sanctions could be working and they could be applied to impose greater sanctions on north korea working with allies and the united states, especially true if light the fact that many components for missiles and north korea's nuclear program come from abroad. there is a risk that more sanctions end up hurting ordinary people in north korea. >> in an initial stage, yes, a lesson of iran at some point the sanctions can bite so deeply that the average person is going to suffer. now, these sanctions on north korea will probably make it harder on the elite. >> the six-nation talks to give north ko
get a share of the proceeds. the company from china disagrees. decision could be months away. finally, it's like the seven-second delay on steroids. the state department is reportedly considering drastically rewriting its rules on social media novembering geinvolving two daye a tweet. "washington post" says the move may be in the wake of a scandal involving around a tell-all book but it's worth noting that the u.s. embassy in cairo egypt ran in trouble over tweeted apology over the anti-islam film that surfaced before the terror attack in benghazi, libya. there is a renewed battle going on tonight in california about renewable energy. specifically, solar power. it's about profit versus loss. tax collectors versus the taxpayers. correspondent william la jeunesse lays it all out for us. >> there will be screwups and bankruptcies. indictments and deaths. but we are going to keep going. >> critics be damned says governor jerry brown who backed solar energy regardless of cost or consequence. >> we're opposed to that obviously because we will be the ones to live with it forever. >> riversid
Search Results 0 to 12 of about 13 (some duplicates have been removed)